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2011.11.10 17:27
Indicators

StepMA_NRTR - indicator for MetaTrader 5

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Published by:
Nikolay Kositsin
Views:
2704
Rating:
votes: 10
stepma_nrtr.mq5 (12.34 KB)view

Real author:

igorad

StepMA made as the Nick Rypock Trailing Reverse (NRTR) indicator.

Trading strategy:

  • It is time to buy when the indicator line is changing its location and the green dot appears. We should keep our long positions, while the line is violet.
  • It is time to sell when the red dot appears. We should keep our short positions, while the line is yellow.

StepMA NRTR indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/559

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